Spotify’s plan for rescuing the music industry: let it fall apart first

See on Scoop.it – Music, Music, Music

Spotify, the music-streaming service, just scored a $100 million round of financing. That values the company at $3 billion—but Daniel Ek, its founder, probably isn’t all that hung up on the fact that he’s now the head of one of the few European startups to have exceeded a billion-dollar valuation. (Spotify was started in Sweden, Ek’s home.) “I don’t spend a lot of time talking about our finances at all,” says Ek, sitting in a conference room in Spotify’s Manhattan offices back in September.

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